28 Ar-109, Magazine, AR 72943
This exceptional 0.16-acre commercial land parcel, located in the heart of historic downtown Magazine, Arkansas, presents a unique investment opportunity. The property, identified by APN 120-00271-000, is zoned C-1, offering a range of potential commercial uses. The sale includes a small, adjacent vacant lot, adding to the overall acreage and development possibilities. The property is being sold "as is, where is," reflecting its historical character and potential for renovation. Situated at 28 AR-109, Magazine, AR 72943 (latitude 35.1502716, longitude -93.8070565), this location offers high visibility and accessibility within the town's central business district. The asking price for this prime piece of Arkansas history is $25,000. This represents a chance to acquire a significant piece of Magazine's heritage and contribute to its ongoing revitalization. The property's potential is vast, allowing for creative redevelopment and the preservation of a significant piece of the town's past. Serious inquiries are encouraged to explore the possibilities this unique property offers. Logan County records confirm the property details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.